ADA Trading Plan
ADA is in a parallel channel.
Momentum is so far strong after making a move down from the upper end of the channel.
CPI release is tomorrow and this could create the volatility needed to send it down to the bottom of the channel as shown (orange).
Alternatively it could come ripping higher straight away but it does seem like a flush down is the more likely scenario at this stage.
No trades yet, but a long position would be favourable at the bottom of this channel if it arrives there as shown.
Momentum is so far strong after making a move down from the upper end of the channel.
CPI release is tomorrow and this could create the volatility needed to send it down to the bottom of the channel as shown (orange).
Alternatively it could come ripping higher straight away but it does seem like a flush down is the more likely scenario at this stage.
No trades yet, but a long position would be favourable at the bottom of this channel if it arrives there as shown.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.